If yours is not below, ask a real valuer and a valuer picks it up.
A valuer's signed opinion of what a property was worth on one nominated day, with the comparable sales and the reasoning set out beneath it. In a suburb like Rose Bay the reasoning does most of the work, because it is where the report says which sales were treated as genuinely comparable and which nearby ones were not.
An appraisal is a free selling estimate offered while an agent competes for a listing, and nobody signs it. A valuation is independent of any sale, effective as at a stated date, evidenced by settled sales, and signed by the valuer who reached it.
In New South Wales, a valuer with the professional qualification and standing to have their opinion relied on. Their name and credentials appear on the report, which is exactly what allows a third party to act on it.
Yes. A valuer independent of your fund prepares and signs it, SISR 8.02B is the standard it is written to, and the comparable sales are attached rather than summarised, so an auditor can follow the figure back to its evidence.
The valuer who reached the opinion, named with their qualification. Not the model that gathered the evidence, and not anyone signing in their place. (from $550).
No. Nothing in it carries a signature, so an auditor, an accountant or a revenue office has no independent opinion to act on. Use it while you are deciding. On timing: a signed desktop report usually goes out the same day, and an Automated Market Assessment arrives the next business day.
It holds as at its effective date rather than open-endedly. Some organisations apply their own currency period to a valuation they are given, and where they do, that period governs; your adviser will know which. Note that ageing a Rose Bay figure forward yourself is exactly the shortcut this suburb punishes, so ordering to the date you need is the cheaper habit.
Yes. $169 for signed desktop reports, $79 for Automated Market Assessments. Inspection valuations start at $550, with the exact price confirmed at checkout before you pay, never after.
An advertised price is a marketing position, often a range set to attract interest. A valuation reports settled evidence. In Rose Bay a campaign can point at a suburb figure that was built mostly from a kind of property the one on offer is not, and the gap opens from there.
A signed desktop report is usually ready the same business day. An inspected report waits on access being arranged, which is the step that sets the timeline. An Automated Market Assessment arrives the next business day.
No. A rates notice generally carries a land value, the ground on its own with nothing built on it, struck for rating at a date the council chose. A valuation covers the whole property at the date you need it. In Rose Bay the two diverge especially widely, because for most of the suburb the ground beneath a property is shared with everything else in the same building.